Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
HOPTON COTTAGE is a very small extended semi-detached house of 83m², built sometime before 1900. It was last sold for £227,500 in May 2019, which was around 40% below the average May 2019 detached price in the West Suffolk local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows four sales for HOPTON COTTAGE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the four HOPTON COTTAGE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2019 9 MAY | £227,500 | £381,106 | 40% below HPI |
2016 1 AUG | £194,000 | £352,843 | 45% below HPI |
2003 17 SEP | £122,000 | £219,529 | 44% below HPI |
2000 19 JUL | £53,000 | £128,536 | 59% below HPI |
The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The four HOPTON COTTAGE sales between July 2000 and May 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2016 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the May 2019 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.
HOPTON COTTAGE is 83m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 20% of detached houses in Hopton, based on EPC data. The below chart shows the distribution of detached houses by size in Hopton, and where HOPTON COTTAGE lies on this distribution: 13% of detached houses are smaller than HOPTON COTTAGE, and 87% of houses are larger. Note that EPC data is not available for all properties in Hopton.
HOPTON COTTAGE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of HOPTON COTTAGE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of HOPTON COTTAGE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
HOPTON COTTAGE is located on HIGH STREET in HOPTON, in the IP22 postcode district. The below map shows the position of HOPTON COTTAGE on HIGH STREET.